2926 N MONROE ST

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2926 N MONROE ST

SPOKANE, WA 99205-3359
Asking Price
$660K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant property located at 2926 N Monroe St in Spokane
  • Total building footprint spans 2,130 square feet of interior space
  • Current configuration operates as a turnkey tavern for immediate use
  • The asking price for this commercial acquisition is $660,000
  • Property situated within a growing submarket of the Spokane region

What's Special

This retail restaurant asset measures 2,130 square feet and is currently available for sale in Spokane, Washington. Situated on North Monroe Street, the property functions as a turnkey tavern, serving the local neighborhood and the broader Spokane community. The Spokane region continues to benefit from a diverse economy, drawing residents with its affordable cost of living and accessibility to regional transit corridors. Given its existing layout and status as an established tavern, the space is well-positioned for continued operation in the food and beverage sector. Investors or owner-operators looking to acquire a functional hospitality space in this submarket will find the infrastructure already in place for immediate commercial activity. Its location within the 99205 ZIP code provides visibility and integration into a dense suburban landscape, making it a practical consideration for those seeking to expand or enter the local dining and entertainment market.

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NOI
$80,000
Cap Rate
12.12%
DSCR
2.04
Strong
Cash-on-Cash
20.61%
Monthly Payment
$3,265.32
Annual Cash Flow
$40,816.161

Location & Travel Times